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Hillhead Way, Westerhope, NE5

North East

£160,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
936 sqft

Description

This three-bedroom mid-terraced house presents a promising opportunity for buyers interested in a property that can be modernised and tailored to individual preferences. With the added advantage of driveway parking and a single garage, this home is not only functional but also offers significant renovation potential. Upon entry, you are greeted by a central hallway leading to key ground floor spaces. The lounge features a distinctive bow window that enhances its character, while sliding doors connect it to the dining room, promoting an adaptable layout for entertaining or family living. The dining room further benefits from patio doors that open into a sun room, an additional versatile space perfect for relaxation or as an office area overlooking the rear garden. The kitchen at the back of the home provides convenient access to the garden and holds ample possibilities for reconfiguration or expansion with necessary permissions, making it an ideal project for those looking to enhance their living space. Upstairs, there are three well-sized bedrooms ensuring comfortable accommodation. The family bathroom is adequately equipped with essential fixtures including a shower enclosure. Outside, the front lawned garden offers curb appeal while the rear garden is designed for low maintenance with paving and gravel. Located in a community-rich environment with local amenities such as shops, schools and leisure facilities nearby, this property also boasts excellent transport links to Newcastle City Centre and surrounding areas. It stands as a valuable investment opportunity for those seeking to create their long-term home.

Investment Analysis

(NE5 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£171/sq ft
Area Average
£206/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£212,304
10% above area average per sq ft
Potential ROI
+14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (NE5)

Area prices are falling by -3.0% over the last 12 months
3 year growth: +0.7%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on NE5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hillhead Way, Westerhope, NE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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